Mission:

To invest in real estate and business projects intended to attract additional development with the overall goal of improving the character and vitality of Greater Cleveland.

Since 1989, CDA has invested more than $320 million in over 120 projects in Greater Cleveland that have resulted in 5,300 new housing units & 6 million square feet of commercial space.

These projects have generated$2.9 billion of total development.

Featured Projects:

The November 2, 2015 ground breaking in East Cleveland.

Site preparation begins for the new East Cleveland Corps.

Services provided will include after-school tutoring and music activities.

Hot meals will be offered at the new East Cleveland Corps.

The Salvation Army The Salvation Army's Cleveland Plan is a strategic initiative to strengthen and expand its services throughout Cleveland, focusing on neighborhoods where the needs are most critical. The Cleveland Plan includes construction and/or expansion of four facilities across Greater Cleveland. Learn More

View video about the redevelopment of The 9

The stained glass ceiling of the Rotunda

Kitchen of a renovated apartment

Bedroom of a renovated apartment

The 9 - Rotunda & 1010In combination with the new Cuyahoga County Administration Building and The 9 Brewer Tower, this project will transform a key intersection in downtown Cleveland and redeploy 780,000 SF of space that had been vacant for 20 years. Learn More

View video about the Urban Community School expansion

UCS's urban garden

Urban Community SchoolUrban Community School (UCS) in Ohio City has constructed a 32,200 square foot addition to serve as a dedicated Middle School wing. The NMTC investment enables UCS to complete the project and increase enrollment from 515 students to 600.Learn More

News:

December 5, 2017Financing closed for the new Dave’s Supermarket being constructed as
part of the Link59 project at E. 59th and Euclid in the Midtown
neighborhood.Cleveland Development
Advisors, an affiliate of GCP, provided a $10 million New Markets Tax Credit
(NMTC) allocation and $1 million in direct financing.

November 3, 2017 Young people are in for a surprise when the Children's Museum of Cleveland opens the doors to its new home on Nov. 6. There's 18,000 square feet of innovative exhibit space that makes the former University Circle location look like, well, child's play.

October 11, 2017 The first renters won't move into One University Circle, the city's first new high-rise apartment tower in decades, until May. But the developers behind the $116 million project already have signed up a handful of tenants.

September 29, 2017 It's a little after 3 p.m. on a recent sunny day in East Cleveland, and
about a dozen youngsters are eagerly spilling out of a van and heading into the
new Salvation Army buildingon Doan Avenue, one young man graciously holding the door
open until his van mates are all inside.

September 19, 2017The corner of West 25th Street and Detroit Avenue has been ugly
and forgotten for decades, and fallen behind its brother corner at West
25th Street and Lorain Avenue where the West Side Market is located. That
will change in the Spring of 2018 when The Quarter comes online.

September 8, 2017 The Children's Museum of Cleveland is keeping a promise. After leaving its former location in a remodeled Howard Johnson's restaurant in University Circle in January 2016, the institution vowed it would reopen late this year. And that's exactly what it's doing.

September 1, 2017 CDA
closed on a $5 million loan for Stark Enterprises’ new project, The
Beacon. The 20-story residential tower will be constructed on top of the garage located at 515 Euclid Avenue in Downtown Cleveland.

In the Spotlight:

CDA: Creating Our Legacy

Cleveland Development Advisors has been investing in Cleveland's future for more than 25 years. From stadiums and downtown redevelopment to neighborhood revitalization...see what we do and how we do it.

Making a Difference through NMTCs

CDA invests in Cleveland's future through the New Markets Tax Credit Program. Included among the latest projects are St. Luke's Phase III, Lutheran Metropolitan Ministry, Fairmont Creamery and The 9.

This is Downtown Cleveland

Downtown Cleveland, one of CDA's target investment areas, is experiencing a renaissance. See the excitement of a city on the rise in this video created by our partner, Downtown cleveland Alliance.